Regulation

GENIUS Act fails Senate vote amid controversy, security concerns
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13 May, 2025

GENIUS Act fails Senate vote amid controversy, security concerns

The GENIUS Act stablecoin bill only received 49 votes after some Democratic Senators withdrew their support.
$800M CBEX scam resumes operations in Nigeria despite crackdown
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13 May, 2025

$800M CBEX scam resumes operations in Nigeria despite crackdown

Sources say that CBEX is again allowing new users to register and deposit funds, but older users still can’t withdraw...
Kenya orders Worldcoin to cease biometric data collection
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13 May, 2025

Kenya orders Worldcoin to cease biometric data collection

Worldcoin was taken to court by two Kenyan advocacy groups, with the legal blow followed by suspension in Indonesia after...
Trump’s ‘crypto’ could risk global finance: Bank of Italy
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12 May, 2025

Trump’s ‘crypto’ could risk global finance: Bank of Italy

In other news, Bitrace's report revealed that TRON accounted for the most crime, despite lagging behind Ethereum in total stablecoin...
South Africa implements FATF Travel Rule for digital assets
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9 May, 2025

South Africa implements FATF Travel Rule for digital assets

The Travel Rule took effect on April 30 and requires digital asset users to share information about their transaction counterparties...
ECB to test digital euro; UK drafts stablecoin regulation
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9 May, 2025

ECB to test digital euro; UK drafts stablecoin regulation

The ECB sets up an innovation hub to test its digital euro project; meanwhile, the U.K. says that foreign stablecoin...
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